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 Video: What is a Stock Split?
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| Bank OZK (the Bank) is a regional bank that provides a range of financial solutions. The Bank offers a range of products, including checking, savings, loans, mortgages, treasury management, merchant services, trust and estate services, wealth, and credit cards, among others. Its savings products include certificate of deposits, money market accounts, and individual retirement accounts. Its personal lending options include home equity lines of credit, personal lines of credit and auto loans. It offers both a fixed rate mortgage and an adjustable-rate mortgage. Its online banking enables users to manage their accounts, pay bills, transfer funds, view electronic account statements and others. According to our OZK split history records, Bank OZK has had 4 splits. | |
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Bank OZK (OZK) has 4 splits in our OZK split history database. The first split for OZK took place on June 18, 2002. This was a 2 for 1
split, meaning for each share of OZK owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. OZK's second split took place on December 11, 2003. This was a 2 for 1
split, meaning for each share of OZK owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. OZK's third split took place on August 17, 2011. This was a 2 for 1
split, meaning for each share of OZK owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. OZK's 4th split took place on June 24, 2014. This was a 2 for 1
split, meaning for each share of OZK owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.
When a company such as Bank OZK splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the OZK split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Bank OZK shares, starting with a $10,000 purchase of OZK, presented on a split-history-adjusted basis factoring in the complete OZK split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/20/2016 |
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| End date: |
01/16/2026 |
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| Start price/share: |
$45.06 |
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| End price/share: |
$48.50 |
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| Starting shares: |
221.93 |
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| Ending shares: |
300.44 |
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| Dividends reinvested/share: |
$11.60 |
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| Total return: |
45.71% |
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| Average Annual Total Return: |
3.84% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,574.78 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/20/2016 |
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| End date: |
01/16/2026 |
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| Start price/share: |
$45.06 |
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| End price/share: |
$48.50 |
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| Dividends collected/share: |
$11.60 |
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| Total return: |
33.37% |
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| Average Annual Total Return: |
2.92% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,334.09 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/18/2002 | 2 for 1
| | 12/11/2003 | 2 for 1
| | 08/17/2011 | 2 for 1
| | 06/24/2014 | 2 for 1
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